Check the voluntary package.
Stay positive.
Redo your CV and start applying for jobs. Don’t know what your line of work is, but be open to sub-contracting if it’s an option.
Stay positive.
Keep working and being seen to be working an keen.
Stay positive.
Get someone legal on your case to make sure the company doesn’t pull a fast one. Have someone independent minute every consultation meeting, verbatim if necessary.
Stay positive.
Best case – you might find alternative work and get a payoff to go with new job.
Middle case – you might be made redundant, but at least you’ll get some from it and have started steps to a new career.
Worst case – they might keep you on only to do this year after year.
I went through that annually for five years, and finally saying enough was enough and taking voluntary was the best thing I ever did. It is only when you’re no longer havnig to go through it that you realise how stressful it has been. I got myself a job to walk into the Monday after I finished. ’twas 200 miles away mind, but it was a job. Those who had no positive outlook were the ones who got laid off and then struggled to find alternative work.